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Gold Fields eyes St. Helena mine

Gold Fields (GOLD-Q) plans to acquire all the outstanding shares of Johannesburg-listed St. Helena Gold Mines it does not already own.The South African-based company hopes to acquire the shares (equiv…





Ecuadorian defers payment

Rio Tinto (RTP-N) has allowed Arizona-based junior Ecuadorian Minerals (EMC-T) to defer the first year’s property payment at the Beroen gold-sliver project in Ecuador until completion of a bankable fe…


High River gets record production, lower costs

Approaching the end of its fourth year as a producer of the yellow metal, High River Gold (HRG-T) has reported record output at reduced cash costs from both its major operations.The New Britannia mine…


Falconbridge rides surge in nickel prices

Falconbridge (FL-T) enjoyed a dramatic turnaround in third-quarter earnings, thanks to higher nickel prices and additional output from the Collahuasi copper mine in Chile.For the three months ended Se…


Inco commissions plant, finds nickel at Totten

Riding the wave of resurgent nickel prices, Inco (N-T) has started up its 85%-owned Goro nickel-cobalt pilot plant in New Caledonia, north of New Zealand, in the Pacific Ocean.The US$50-million, 12-to…


Starcore drills Samuels Lake

Partners Starcore Resources (SOE-V) and ProAm Explorations (PMX-V) have intersected more copper, nickel, cobalt and platinum group metals mineralization at their Samuels Lake property in northwestern …


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